PPP Loan information for Var-mil inc.

$418,891

Var-mil inc. was initially approved for PPP Loan of amount $418,891, the current approved amount is $418,891. The loan was approved on 02/06/2021 by The U.S. Bank, National Association reported 59 jobs and $418,891 was used to fund payroll.

Var-mil inc. is Existing or more than 2 years old

VAR-MIL INC.

Date Approved

02/06/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

VAR-MIL INC.

Borrower Address

216 W 11th St

Borrower City

Waterloo

Borrower State

IA

Borrower Zip

50702-1116

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

418891.00

Current Approval Amount

418891.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Waterloo

Project County Name

BLACK HAWK

Project State

IA

Project Zip

50702-1116

CD

IA-02

Jobs Reported

59

NAICS Code

812320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

418889.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

422637.75

Forgiveness Date

12/29/2021

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